XLUS.L vs. XLKQ.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Utilities S&P US Select Sector UCITS ETF Acc (XLUS.L) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L).

XLUS.L and XLKQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLUS.L is a passively managed fund by Invesco that tracks the performance of the S&P® Select Sector Capped 20% Utilities Index. It was launched on Dec 16, 2009. XLKQ.L is a passively managed fund by Invesco that tracks the performance of the S&P Select Sector Capped 20% Technology Index. It was launched on Dec 16, 2009. Both XLUS.L and XLKQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XLUS.L vs. XLKQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Utilities S&P US Select Sector UCITS ETF Acc (XLUS.L) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L). The values are adjusted to include any dividend payments, if applicable.

XLUS.L vs. XLKQ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLUS.L Invesco Utilities S&P US Select Sector UCITS ETF Acc	7.52%	15.68%	22.50%	-7.74%	1.91%	18.46%	-1.37%	25.26%	2.91%	10.83%
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc	-8.70%	24.49%	41.63%	59.85%	-29.07%	35.05%	42.15%	50.99%	-4.30%	34.14%

Different Trading Currencies

XLUS.L is traded in USD, while XLKQ.L is traded in GBp. To make them comparable, the XLKQ.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XLUS.L achieves a 7.52% return, which is significantly higher than XLKQ.L's -8.70% return. Over the past 10 years, XLUS.L has underperformed XLKQ.L with an annualized return of 9.23%, while XLKQ.L has yielded a comparatively higher 22.35% annualized return.

XLUS.L

• 1D: 1.23%
• 1M: -2.76%
• YTD: 7.52%
• 6M: 5.51%
• 1Y: 18.91%
• 3Y*: 13.78%
• 5Y*: 10.26%
• 10Y*: 9.23%

XLKQ.L

• 1D: 3.65%
• 1M: -2.97%
• YTD: -8.70%
• 6M: -6.79%
• 1Y: 31.11%
• 3Y*: 28.88%
• 5Y*: 18.72%
• 10Y*: 22.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XLUS.L vs. XLKQ.L - Expense Ratio Comparison

Both XLUS.L and XLKQ.L have an expense ratio of 0.14%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

XLUS.L

Invesco Utilities S&P US Select Sector UCITS ETF Acc

XLKQ.L

Invesco Technology S&P US Select Sector UCITS ETF GBP Acc

Return for Risk

XLUS.L vs. XLKQ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XLUS.L

XLUS.L Risk / Return Rank: 55
XLUS.L Sharpe Ratio Rank: 58
XLUS.L Sortino Ratio Rank: 57
XLUS.L Omega Ratio Rank: 54
XLUS.L Calmar Ratio Rank: 62
XLUS.L Martin Ratio Rank: 42

XLKQ.L

XLKQ.L Risk / Return Rank: 59
XLKQ.L Sharpe Ratio Rank: 64
XLKQ.L Sortino Ratio Rank: 66
XLKQ.L Omega Ratio Rank: 59
XLKQ.L Calmar Ratio Rank: 61
XLKQ.L Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XLUS.L vs. XLKQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Utilities S&P US Select Sector UCITS ETF Acc (XLUS.L) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	XLUS.L	XLKQ.L	Difference
Sharpe ratio Return per unit of total volatility	1.11	1.30	-0.19
Sortino ratio Return per unit of downside risk	1.57	1.89	-0.31
Omega ratio Gain probability vs. loss probability	1.22	1.25	-0.03
Calmar ratio Return relative to maximum drawdown	1.80	1.77	+0.03
Martin ratio Return relative to average drawdown	4.65	5.55	-0.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XLUS.L vs. XLKQ.L - Sharpe Ratio Comparison

The current XLUS.L Sharpe Ratio is 1.11, which is comparable to the XLKQ.L Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of XLUS.L and XLKQ.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XLUS.L	XLKQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	1.30	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.81	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	1.07	-0.56
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	1.03	-0.40

Correlation

The correlation between XLUS.L and XLKQ.L is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XLUS.L vs. XLKQ.L - Dividend Comparison

Neither XLUS.L nor XLKQ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

XLUS.L vs. XLKQ.L - Drawdown Comparison

The maximum XLUS.L drawdown since its inception was -36.30%, roughly equal to the maximum XLKQ.L drawdown of -35.00%. Use the drawdown chart below to compare losses from any high point for XLUS.L and XLKQ.L.

Drawdown Indicators

	XLUS.L	XLKQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.30%	-28.74%	-7.56%
Max Drawdown (1Y) Largest decline over 1 year	-10.09%	-16.76%	+6.67%
Max Drawdown (5Y) Largest decline over 5 years	-26.24%	-28.74%	+2.50%
Max Drawdown (10Y) Largest decline over 10 years	-36.30%	-28.74%	-7.56%
Current Drawdown Current decline from peak	-3.01%	-13.73%	+10.72%
Average Drawdown Average peak-to-trough decline	-6.02%	-5.08%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	6.21%	-2.31%

Volatility

XLUS.L vs. XLKQ.L - Volatility Comparison

The current volatility for Invesco Utilities S&P US Select Sector UCITS ETF Acc (XLUS.L) is 5.27%, while Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) has a volatility of 6.31%. This indicates that XLUS.L experiences smaller price fluctuations and is considered to be less risky than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLUS.L	XLKQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	6.31%	-1.04%
Volatility (6M) Calculated over the trailing 6-month period	10.48%	14.96%	-4.48%
Volatility (1Y) Calculated over the trailing 1-year period	17.01%	23.98%	-6.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.87%	23.23%	-6.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.02%	22.08%	-4.06%